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Expert briefing
Publication date: 18 December 2023

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Expert briefing
Publication date: 9 November 2020

Unlike the first wave, the government’s reaction to the second wave of COVID-19 was late and tainted by political calculations. Mixed signals from the political establishment and…

Expert briefing
Publication date: 1 June 2020

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Expert briefing
Publication date: 6 January 2016

The island's government and public agencies hold 72 billion dollars of debt obligations, but migration to the mainland United States, political unwillingness to cut spending and…

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